Ad Here  
Chennai Port is at last decongested! Economic, business and social sustainability Rating of states to be released soon Big-ticket investments march towards Punjab ALL-two launches in a row European crisis is a global crisis! A global plastic event in India Industry-well poised to invest on expansion Striking cords for 25 years… OBO Bettermann for better lightning protection An aerospace-defence cluster in Tamil Nadu… Adding Zest to Scooty Nigeria comes nearer Techies trip to India Chennai will soon get its World Trade Centre Reality bytes Apple maps – finding its way Brand leaders come forward... Applauding enterprise... Inclusive and forward moving... Chola MS net crosses 100 crores World labour laws at a glance Veritas Finance- financing the unfinanced Is Indian telecom industry heading for a monopoly? Placing the right shoe forward... STFC raises money Digital retail transactions stabilise at higher level… Towards peace of mind Illicit markets a concern to growing economy Purdue and IIT-M sign the dotted line Indian Bank – global businesses crosses Rs 3 lakh crore... Hyundai excites again CUB: towards card-less withdrawal ALL to launch electric busses Housing Innovation Challenge, 2015 Murugappa- a year of consolidation Airlines wage price war Pharma market dozes Flexible labour laws… Waste, a gold mine Automotive Vision Plan II... When Centre visits the state Focus on self-certification and third party inspection Smart controls for cooling large multi-zone spaces ... Chennai to get a roundabout Metro Changing dynamics in human resource management Gem of social service... Indigo stays leader with 40 per cent share SumInfra- corridor based development... Business Briefs An American alliance in the chemical industry? Make way for the new and dynamic railways Time to fast-pace the logistics sector Tata Steel commence operations at Kalinganagar TVS Logistics – another acquisition to sharpen the business model Economic issues take a back seat at G20 summit ISRO's 100th mission AirAsia India infuses funds to fight out competition TOP 10 CEO Compensation Celebration time at MS Chola Durga - India’s largest blast furnace; now operational LVB gears to become a financial supermarket ALL – truck industry is recovering from degrowth BRICS development bank IFCI to raise NCDs upto Rs 2000 crore ECGC expands operations Blue Star plans a new plant in south Holiday Inn opens in OMR Chennai Realty sector takes a break... Connecting the unconnected People Flow Day- Safety Celebrating 180 years of relevance Three more leather clusters… Dynamic e-commerce scenario TII’s single largest investment at Thiruthani Carrefour’s quick exit Auto test tracks launched at GARC Oragadam campus Creating Tamil Nadu Banana brand TN budget pragmatic and moderate on fiscal deficit Chola MS launches motor app Well-refined – RIL’s refinery margins zoom Strategy war escalates between Hero and Honda Four daughters and a proud father - Secured NCDs from Shriram City Need to focus on ease of doing business... Bridging the skill deficit in pharma industry Hero Motocorp - smooth ride Realising double digit growth in Tamil Nadu Sun Edison launches solar pumps TiE applauds innovative entrepreneurs Investor friendly Japan Backpack laboratory Innovation that helped Chennai port Ridley marathon to India More gensets and diesel engines from TAFE Scoot offers just Rs.13,500 to ANZ... Research needs more funding TII-challenging year with flat growth Curbing steel imports will hurt small business... Climate change may change the way businesses work... On the ‘milky’ way The new look- 4s Verna Business Breif TCS’ revenues cross Rs 100,000 crore Steel loses its sheen WABCO’s second Chennai plant Downsizing spree... Nothing to hide... Schwing Stetter India joins hands with US-based Gomaco
Need to focus on ease of doing business...

The 67th annual session of Hindustan Chamber of Commerce elected Hasmukhlal D Vora, a pharmaceutical industry veteran with over 45 years of experience, as President. The chief guest of the function, Dr E M Sudarsana Nachiappan, Union Minister of State for Commerce and Industry, mentioned that the smaller Asia Pacific countries await India’s pro-active trade policies towards them. “The road link between India and Bangkok will help in the ‘Look East Policy,’ to enhance trade.”

The outgoing president, R Subramanian, stressed on the role of regional chambers which need to be regional in touch but national in reach. He requested the government to increase domestic savings and improve the share of manufacturing sector in GDP as it provides the necessary balance between growth and inflation. In her address, Jenifer A McIntyre, Consul General, Consulate General of USA, Chennai, pointed to trade between India and USA poised to cross the $ 100 billion mark soon.  India is the 11th largest trading partner with the US and the 24th largest FDI investor in US.

Rafeeque Ahmed, Chairman, Farida Group, said that the environment to do business is not favourable: “ease of doing business within India should be ranked and corrective measures should be taken to make it conducive,” cautioned Ahmed. R Thyagarajan, Founder Chairman, Shriram Group of companies stated:  “We are still to achieve economic freedom. Apart from influencing government, chambers should communicate with people about the benefits of an enterprise and also chambers should focus on facilitating ease of doing business.”

Author :
Reported On :
Sector :
Shoulder :
IE, the business magazine from south was launched in 1968 and pioneered business journalism in south. Through the 45 years IE has been focusing on well-presented and well-researched articles. When giants in the industry stumbled to keep pace with the digital revolution, IE stayed affixed embracing technology.
Read more
Economist Communications Ltd is committed to ensuring that your privacy is protected.
Read more
You agree that your use of this Website and the purchase of the magazine will be governed by these terms and conditions.
Read more
S-15, Industrial Estate,
Chennai - 600 032.
PHONE: +91 44 22501236